Put IL TERMS AND CONDITIONS
<br />See 1.(a) RRNTALRAZE-LeseashaLLpeylessorrduilarmual(ymdia
<br />advmce for eadr sae a haetioa thaoofdnRoy t6aooatlmmra otmekue
<br />at the rem otS3.00 f« wa Icate year,
<br />(b) RNNTALCR£D[f§-Rentilahallnotbeuedieedagains[edDrcr
<br />pmdttcdea «ratvance ruyatdufm my year.
<br />Sec 2.(a) PRODUCT1ONROYALTIFS-2Lesoyalrys6a11 be &Opaoen[
<br />of the using oPtbe tbatss set Costh to the reyulativm. Royalties are due b
<br />Lessor 15e Gnil day of the month weortdiny the rnlwdr rmNh )o vrhirh
<br />themyahy obSytrtiam taaaurs.
<br />ro) ADVANCfi ROYALT[!rC - Iipoe aequeet by she imeq rLe
<br />authorized of6oa taay aaxq, t« s toml of ad more thm 10 years, the
<br />Paymeatvfadyaace toyahiea inliw tdtootimxd t>pmadrvs, wim
<br />the mgulatiom Tha advuta royalty ihaR be bacd as a paoeut of the
<br />value of a atinirrmm atrmba ottoru detamioM ie themama rxnhlithed
<br />by the advmce roytityregulatians is effort at the time the Iratm requests
<br />apporil b pay advmx royaltia in lieu of omtiarsed operasice.
<br />Stu 3. 11tNiDS -Lease shall milmaioin the lxoperoffia slate boodm
<br />the amumt of tf,s9ypanThe anthairrd oHiaa may salons ahmarasem
<br />Chia attrasmt wttm additional covaaye k daamined tgrptopriate.
<br />Sea 4. DQlIiFNCR -This lease k sobjea m the eandttloo>t of ditigrrff
<br />devdopmeat sad ootditmed opaatioo, except that these erwditiars are
<br />esmred when oprnlioaa cords the lease ace m0asn(ged by sttr'Eeu, the
<br />ekarnfs, «asuiltia tut attri6utabk m the lam. The lasm, is the
<br />public in0aar. may snapmd the condltiao of ma~aed oPamvo apes
<br />~paymwt oI sdvarra royalties m atxxadaoce with the tegulatians fn
<br />eaistetrrs at the time ofinesuspeasim. I.esseaa failum b produra iuilia
<br />corrmcadal gomtdet hY Ocwba 1,2005, shill teaminrc the lease. fates
<br />shell submit m enratded operaioa and seclutotion plan purmmt m
<br />Susan 7 0[ the Act (30 V.S.C 20T(c) within 3 yeah of dm dam of
<br />modi5cadea or prinrm approval m Wr®mce asioboy oparotiaos.
<br />The Lessor reserves the power to assent m a arils the glspeasan d the
<br />rerm+andemdiuoaaofmiskaseinaooordaamwid>.Lnlg Yvai seUinn39
<br />of the hEaail Isadog A4 30 U.S.C. 209.
<br />Sec. 3. LOGICAL MW WO IJIRT QMU) - F~npm apgoval by the
<br />Lessor of me l.essccv applieuioa « K the duecdorr of me I.esm , thk
<br />lease slvdl become mLldUorpnt otanLMU, wbjedb mep:wisiaot set
<br />fathio meregolafieos. The «ipulatloos esa611shed1nmlMUappsovalin
<br />rBeR il me lime of IMU approvil « moTifratim alit seprrscde the
<br />rclevam httxmdstem tams of this kale so long as tix lease ttmild
<br />commiRed m me IMU. ff We LMU Of whish mis lease it a part k
<br />dcssdred, ma kale shill tbm be snbJect m the lease tams whidr tvoold
<br />have bow appticd if the leasehad not been included ht m 1hdU.
<br />Sea 6. DOC[IMEN7'S, EVIDENCE AND INSPEC11ON . A[ soeL limes
<br />and m aueh Corm w Lessor mry preaacLe, rasa shall furnish d~
<br />atatemenk showiay the torosrnts and quality of all prodtreu ramved soil
<br />sold ham the Rasa, the proeoeds thaeGom, coil Iha amoant used f«
<br />pradratioa purpasm «nrutvoldabty lost
<br />[.essees6allkeep opm esal/ teasoaable rims pu theiospediaaafanydniy
<br />mdncired ~oSioa of Las«, the lased pmmisa sad aL surface sad
<br />underground impmvcrawts, w«la, madditay, omataekplla, equipmw4
<br />and dl'baoks, aoconnu,maps, aadtet:mds ttdative b optratiow, surnrya,
<br />«inrestigatiom m «mdrr the leued lands,
<br />tessxe shall allow t.estoe acxss b gad copying of doamota reasonably
<br />necessary m verify Lesaco wropliaoce with t®a pod coaditioas of the
<br />lease.
<br />-•, ~ ,
<br />_r'vr-f~ _~~:~
<br />2 •
<br />1Vhikptislase ;t~Yppanpp~~mued~tbisaectioo
<br />shall be elosedmi ` x~y iidtidcddboxwith the l4rrdomof
<br />information Anion (5 U.S.C. 552).
<br />Scc. T. DAMAOFS'110PROPFJtTYANDCONDUCf~OPERAT10N5-
<br />Itsaeeshall amply at its own eapea+e wish all reasonable ardas of the
<br />~Y, S ddillexopetaRwn, prevrndan of wasm, aadptotogion
<br />of orbs raonmes.
<br />r,.... shall oat ooadura eaptoruiaa operations. tuber than aural use.
<br />without m eppmvpd raeplasatiw plan. All exploration pkw pdarsm the
<br />wvaxacement ofminirig opaadauwirhinm approvedminingpamitaca
<br />shag be mbmieed m the arNrorizid offma.
<br />Lessee shag wry on all opetrirons in aaordtmce with apprond ra7hoda
<br />and practioet ssprovided is the operatingregolatian.Lavins dun mgatd f«
<br />she prevmfiaabfit0oryb life. beaRh, «propaty, mdprevtmtian ofaaste.
<br />damage «dcgradat~oe my basil, air, wars, culhrraL 6ido6lnl, tistnl, and
<br />other ravaaeea, iaduding mineral deposits sad fotmarians of miuail
<br />deposits sot leased laereumder, s~ m Oder lartdnara «tuas. Lessee shall
<br />take taeanaes doomed axsssuy by Lasmc.m aaompBah the intmr of this
<br />kale term. Sarhmeumes orgy iacluda btu tut R~md t0. rnodi5atitxi to
<br />proposed dtiog « deayo. of fadlitias, Hammy of aperatiooe, sad
<br />spediicatiwaofiowimmrdfma[tecl~tionn Lasottar+xesm
<br />itself the right b kale, sd1. «othawdse tlispoee of coo stefaoe «otha
<br />mineral dtpodu k the lands and the ~ b Wgtioue existios wes sad q
<br />atah«ire futnre uses opm«in the leasedL•mds, iachsdmy ianingleeen Ear
<br />miaard deposits mtcovaedhaarnda coil alrpovhtg eas~fs a riyhts-
<br />of-way.' /.nrot shall wuditiaBa such wet m pn:ved n~fy or
<br />rmrasaoable hl[edaenm with rights of Itssa as may be ooasistmt vRm
<br />wtcepts of rmltiple use and tmltipk taiaaal devskpmeM.
<br />Sac. & YROlEC7'LON OF DIVERSE' RJIERFSIS, AND EQUAL
<br />OPPORT(JNITY•LssseeshsR: paywhraduoaRtauelegaEyas«ssedaod
<br />tevledundame lava ofthe Sboc«the Uoi6edStesns: accord all empiopees
<br />complete freedom of pmduae; pay dl wages err ksst lwia earl month Ia
<br />lawful ar~cyaf the Uaimd Smms; nsaforahra safe worldoy eaviroameat in
<br />aocmdaoee wimatmdacd iadus4y praaiees:rrsoua the wablaymnotmae
<br />moo Sharon inmymc dryfrcaodagiormdwodas, azapt inemngmoes:
<br />sad tame tmasena nexasary to pmtea me heilm and safety of the public.
<br />Noprs>rmnndathe ages of l6 yeas sbaRba enmloyedin mymkc bdowttw
<br />aorfsoe Tome utmt lhat kws of the State m which the lords m simatad
<br />aremare ratriOive menthe provisions is this pasagaph, thw theSntelaws
<br />avNY~
<br />Lsaaee wRl comply wim ill psvvls;oos oP Eaecsrtive Order No. 11246 of
<br />Separniba 24, 1965, ss amtadeQ sad me rakes, rcyulatims. and rdevaot
<br />orders of doe SeaWry of Leh«. Neimalaaee aaLaset"s'su6cantractots
<br />ahaD maintila atpsgated fadlitiec.
<br />Sec. 9.(a) TRANSFERS - Thk lava may be tramfemd is whole «ie part
<br />m aaylreaoo, aaaocation«cmpontloa quali5edblmW stuhkare inmmu
<br />7rsosfets o[ taxed titk,'workmg oz royaty intaatt pal be approved in
<br />an:aadaoce wish Ilw tegoistlma.
<br />ro) RE[JNQIJLS1RSfF.Nls . Thel~ssee maymlinquiahio writing at
<br />uty Lima sR tights coda dds Iwo «my portion dtereo[ ss protidrdm rho
<br />mguktiom. Up~Irsaorsaazpraneeefl6e••u,•TsmmS,I.esssahaRbe
<br />telieved of W future o6ligatioas under tiro lease «dle rilioquisicd portion
<br />dtam4 whichcra k appliabk.
<br />Soc. 10. DFY]VERY OF PREMISES, REMOVAL OF MACHINERY,
<br />EQUIPMENT. S1C. - Atsuch times as all parriow ofmis lease aarstmned
<br />m Iassor, Tattoo shall deliver up b Lsas« the land kaxd undagmsod
<br />timbatog, and. suet orlon tuppata and atincrosas aeassary f« the
<br />presavtudoe of the nvoe aorklags on the leased premises or dcpatik and
<br />plan ill worl;ngsiatvoditioa forataspaosico ara~ndaammt )S"imia lSD
<br />•
<br />•
<br />
|